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20121214
20121214
STATION
CSPAN2 1
KCSM (PBS) 1
KRCB (PBS) 1
LANGUAGE
Search Results 0 to 2 of about 3 (some duplicates have been removed)
PBS
Dec 13, 2012 7:00pm PST
is poor exports of auto and other economies due to the european downturn and cooling ties with china. another negative factor is the drop in domestic car sales because state subsidies for buyers of fuel efficient cars expired in september. for the nonmanufacturing sector the sentiment index was down by four points from the previous surv survey. looking aahead the to the next three months, major manufacturers expect a slight improvement as they hope the u.s. and chinese economies recovery. they're concerned that cooling consumer sentiment will persist. japanese shoppers are spends less, and that's got retailers depress depressed. as tremendous to try get people to spend more some may fuel a price war. >> reporter: major supermarket chains have slashed the prices over the past three months on more than 350,000 products. >> translator: customers are become increasingly price conscious. we hope discounts on daily necessities will encourage them to visit more often and boost our sales. >> reporter: furniture manufacturers are opening a 10% to 40% discount on nearly 900 items. >> translato
CSPAN
Dec 14, 2012 12:00pm EST
over time. and if you look at china in particular, they are now looking for corporate bonds and alternative investments rather than u.s. treasury securities because they don't like what they see and understandably so. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because their mandate was changed in the late 70's to where they have to be concerned with short-term unemployment. in the absence of the congress and president working together to get a fiscal deal, they're the only game in town, so we need a fiscal deal and then ultimately the fed has to change its policies because both are improve -- in britain and unsustainable over time. >> the most successful physical consolidations in the developed democratic world occurred in canada in the mid-1990s. and i frequently asked canadian politicians, how did you do it? because the public point from cheering on spending to an abhorrence of deficits within a matter of a year to. so governments in canada now, there is some peril if they don't balance the budget. and the
Search Results 0 to 2 of about 3 (some duplicates have been removed)